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The 'New' GM?

By Adam Ross

General Motors CEO Fritz Henderson rolled out the 2010 Buick Lacrosse yesterday, the company’s first release since emerging from bankruptcy five days ago. “The new GM cannot survive with building competitive vehicles,” he told the Detroit News. “We must build superb ones.”

Too bad the Lacrosse isn’t one. At $27,085 the Lacrosse’s base model gets the worst gas mileage (17/27 mpg) of the midsize sedans at its price point. The Acura TSX, Altima Hybrid and Toyota Avalon are all equally attractive vehicles, depending on your taste, and they demand fewer stops at the pump.

In fairness, the Chrysler 300 -- at 18 mpg city and 26 mpg highway -- is about as bad. Still, we know who owns Chrysler these days, too. It’s also only fair to note that this year’s Lacrosse is far better styled than last year’s; its looks might attract more buyers. But if Henderson’s plan is to turn the company around by meeting the highest of standards, his new vehicles should at least boast “superb” gas mileages. If they don’t, U.S. taxpayers shouldn’t expect to see their $50 billion back any time soon.

By Adam Ross  | July 15, 2009; 3:26 PM ET
Categories:  Ross  | Tags:  Adam Ross  
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Comments

NEW GM BUT WITH THE SAME JUNK CARS MADE IN THE U.S.A. !

Posted by: mtavro | July 15, 2009 4:03 PM | Report abuse

In fairness, the 2010 Buick Lacrosse was designed by the "old" GM.

As for the "new" GM, if you take a look at management style, communications, organization, manufacturing, marketing, and inventory planning of this "new" company, one sees it's just a smaller version of the "old" one.

GM has had over 30 years to get its act together and has been unable to do so. Not even $50 bil from Uncle Sam can change things now.

Posted by: MsJS | July 15, 2009 4:25 PM | Report abuse

While I have no confidence in the survival of GW it is a bit much to expect a new line-up of cars in this short period of time.
That being said I think I have a better chance of seeing God than a GM that is anything but a drain on the taxpayer.

Posted by: saw1 | July 15, 2009 7:06 PM | Report abuse

You got it wrong Adam!

The Lacrosse is not a competitor to the Acura TSX but the 2009 Acura TL. It's much bigger than a TSX. When you compare it to the TL, it gets the same gas mileage.

I own and love the TL but I'd look at the Lacrosse if I was in the market I'd look at the Buick along with the Lincoln MKZ.

Before you trash US automakers, get your facts right!

Posted by: bluesteel310 | July 15, 2009 7:43 PM | Report abuse

This is a stupid article.

The V6 TSX gets 18/27 mpg. And the 2010 Avalon gets 19/28mpg.

Comparing a regular-powertrain Lacrosse to a hybrid Altima is an unfair comparison. It's like me calling the Ford Focus (24/35) a gas guzzler because the hybrid Prius is much more efficient.

So, in the end: The TSX and Avalon are more efficient than the 17/27 Lacrosse. Yes, technically the Lacrosse has the "worst" fuel economy in this comparison.

But 1-2mpg, in city driving? Give it a rest. That's not a difference you'll actually appreciate on the road. You'll probably visit the gas station just as often.

You woke up wanting to slam GM, so you did. Find something of substance to whine about next time.

Posted by: smomin1 | July 16, 2009 9:08 AM | Report abuse

Of course, you do realize that the main reason that GM kept the Buick line at all is because it sells very well in China. The LaCrosse does quite well in that market. Domestic considerations were not a major factor.

Posted by: seldoc1 | July 16, 2009 9:34 AM | Report abuse

" Still, we know who owns Chrysler these days, too."

Who?

Posted by: VTDuffman | July 16, 2009 9:44 AM | Report abuse

GM is gone, taking our money with it. That they are considering re-introducing the Caprice (of all things)--that tells me everything I need to know. Good-bye, GM!

Posted by: crcpbl | July 16, 2009 10:14 AM | Report abuse

We know who owns Chrysler, but do we know who owns the US government? Hint: Not the same people.

Goldman Sacks may own the government -- the government paid trillions to bail out its obligations, so now it is majorly back in the game, pocking billions.

But the taxpayers lose again.

Posted by: donx65 | July 16, 2009 11:03 AM | Report abuse

"Excessive intervention in economic activity and blind faith in the state's omnipotence is another possible mistake... Instead of streamlining market mechanisms, some are tempted to expand state economic intervention to the greatest possible extent...

In the 20th century, the Soviet Union made the state's role absolute. In the long run, this made the Soviet economy totally uncompetitive. This lesson cost us dearly. I am sure nobody wants to see it repeated...There is no reason to believe that we can achieve better results by shifting responsibility onto the state...

And one more point: anti-crisis measures should not escalate into financial populism and a refusal to implement responsible macroeconomic policies. The unjustified swelling of the budgetary deficit and the accumulation of public debts are just as destructive as adventurous stock-jobbing."

-- Vladimir Putin, Russia Prime Minister
Feb 2009 Lecturing the U.S. on the dangers of socialism.

Posted by: star_key2 | July 16, 2009 11:34 AM | Report abuse

GM, Chrysler, Goldman Sachs, US Bank, etal. received bailouts from the US Government. In return, the government is picking winners/losers and corrupting the marketplace.

I, for one, will not buy products or services from any of these entities ever again.

Posted by: jhpbriton | July 16, 2009 11:38 AM | Report abuse

I can just see the ads now. Buy the cars your tax money built.

Posted by: gfafblifr | July 16, 2009 12:03 PM | Report abuse

These fools just don't get it. The only way for any American car company to move forward is with a complete revolution. It's not just economy or styling or quality or even price: it's attitude, and this doesn't show it.

They lost me years ago. I haven't bought an American car in 20 years and have no interest in buying one in the future. They have to win me back not just show how they aren't as bad as they used to be. It doesn't have to do with bailouts or jobs or the economy: they're just bad cars and it will take years of rebuilt reputation to convince me otherwise.

This was not a good start.

Posted by: joebanks | July 16, 2009 1:48 PM | Report abuse

The American auto companies couldn't compete cost wise after the build-up of agreeing to union demands many times. IF they pay back the loans, will they get back their company from the demo-rat special interest group?

Posted by: 1uncle | July 16, 2009 2:37 PM | Report abuse

TOO BAD "JOE BANKS"HASN'T TRIED FORD.AT LEAST THEY DID NOT GO TO THE TROUGH AND GET THE GOVERNMENT TO GET A LOAN.ALSO IF HE IS SUCH A GREAT AMERICAN BUT BUYS "JAP JUNK" THEN HE IS NOT A TRUE AMERICAN.HE MAY BUY A PRISUS THAT "FINE"JAP CAR THAT IS MADE ENTIRELY IN JAPAN.ALL THE PEOPLE THAT BUY JAP CAR WONDER WHY THE ECONOMY IS DOWN WHEN EVERYTHING IS MADE OVERSEAS.OF COURSE THEY ARE MADE IN AMERICA BY AMERICAN SO THAT IS HE REASON TO BUY JAP CARS.I WONDER HOW LONG THOSE CARS WILL HOLD UP LIKE SOME AMERICAN CARS HAVE HELD UP OVER THE YEARS.THE "YUPPIES" ARE THE PEOPLE BUYING FOREIGN CARS SO THEY MUST BE RIGHT!

Posted by: Rmarks003 | July 16, 2009 3:01 PM | Report abuse

The new GM is identical to the old GM, minus its Pontiac and Saturn divisions. You can expect GM to do some things in the future that caused it to turn into the clunker that it is in the present.

Posted by: drlatham22 | July 16, 2009 3:42 PM | Report abuse

Hey Rmarks003, are you really trying to yell at Joe Banks or do you just like typing in all caps? Besides, I didn't see a single word in his comment regarding the make of car that he owns. You're making some BOLD assumption that what he drives is Japanese. Did you ask him or are you just some smart *ss who thinks they know everything??

For what its worth, I've never owned a GM car and I am not about to. In the 20 years that I've been driving, they haven't changed their style or philosophy when designing their autos. Look at any GM made in the last couple of years and you can still see remnants of style from their cars made back in the 80's.

Posted by: cheez | July 16, 2009 4:21 PM | Report abuse

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